Author Topic: Bit20 - The cryptocurrency index fund  (Read 19461 times)

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Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #60 on: July 26, 2017, 08:46:00 pm »
Complete BTS noob here, but can someone provide a link to the net asset value (or current premium) that BTS is trading to the underlying coins? Also, id there a history of this premium available somewhere. Many thanks.




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All the info you are asking is on the BTWTY : BTS market in the BitShares decentralised exchange.

https://bitshares.openledger.info/?r=estefantt#/market/BTWTY_BTS
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #61 on: July 26, 2017, 08:50:07 pm »
Thanks for the investigation Wackou, so am I correct in saying that if the price feed had more witnesses for this asset and if the price feed is an average of witness feeds, this can help reduce black swans in future? Although such a sharp divergence in feed pricing likely still would black swan the asset even with twice the amount of witnesses correct?

The problem comes from the fact that we only have had 3 witnesses with 2 different version of the script providing the price feed.
It was necessary because we were in the testing phase and we had to make some change since the market inception.

The solution is a system the check the coherence of the new PF with the previous one, more witnesses and different scripts. This is what we will have when the market will be relaunched.
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline George_Bitspark

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Re: Bit20 - The cryptocurrency index fund
« Reply #62 on: July 27, 2017, 05:09:46 am »
Great thanks for the summary Wackou and EstefanTT, indeed more implementations of the price feed script should be something brought up with other witnesses for other assets aswell.
Bitspark- Cash to Cryptocurrency

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #63 on: July 28, 2017, 08:23:45 pm »
We've finally managed to understand where the black swan came from. You'll find all the information about it in the Steemit blog we've just posted.

https://steemit.com/bitshares/[member=32961]EstefanTT[/member]/bit20-has-experienced-a-black-swan-what-is-it-what-caused-it-and-what-are-the-consequences

Noticed that we have opened a telegram channel if you want to be closer to the Bit20 community ;)

Telegran link : https://t.me/joinchat/BdGiiAyHOiLHs4oiHqV2Kg

Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline EstefanTT

Re: Bit20 - The cryptocurrency index fund
« Reply #64 on: August 21, 2017, 09:37:06 pm »
Steemit is by far the brightest social and blockchained-based platform out there. I would suggest anyone to have a look if you still don't know it.

As the blogs look much better and professionals on Steemit platform than forums, from now on, I will post the revisions and other Bit20 announcements there. I'll leave this forum open for questions, debate or any other kind of interactions.

Here is the link to the official Bit20 announcement Steemit channel: https://steemit.com/[member=32961]EstefanTT[/member]

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Noticed that we have opened a telegram channel if you want to be closer to the Bit20 community ;)

Telegran link : https://t.me/joinchat/BdGiiAyHOiLHs4oiHqV2Kg
« Last Edit: October 15, 2017, 04:24:44 pm by EstefanTT »
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)